OneSmart International Education Group Limited (NYSE:ONE) price is hovering lower on Monday, September 13, dropping -4.66% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $0.43, with intraday deals fluctuating between $0.4204 and $0.456. The company’s 5Y monthly beta was ticking 0.14. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.87 and 52-week low of $0.41. The stock subtracted -35.27% on its value in the past month.
OneSmart International Education Group Limited, which has a market valuation of $67.92 million, is expected to release its quarterly earnings report Sep 14, 2021 – Sep 17, 2021. Analysts tracking ONE have forecast the quarterly EPS to grow by 0.03 per share this quarter, while the same analysts predict the annual EPS to hit -$0.06 for the year 2021 and up to $0.28 for 2022.
On average, analysts have forecast the company’s revenue for the quarter will hit $144.78 million, with the likely lows of $144.78 million and highs of $144.78 million. The average estimate suggests sales growth for the quarter will likely rise by 30.10% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $627.69 million for the company’s annual revenue in 2021. Per this projection, the revenue is forecast to grow 18.50% above that which the company brought in 2021.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give ONE a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned ONE a recommendation rating as follows: 1 rate it as a Hold; 0 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the OneSmart International Education Group Limited (ONE) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Hold, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that ONE’s price is at present -20.84% off the SMA20 and -41.47% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 31.13, with weekly volatility standing at 11.49%. The indicator jumps to 10.50% when calculated based on the past 30 days. OneSmart International Education Group Limited (NYSE:ONE)’s beta value is holding at 0.16, while the average true range (ATR) indicator is currently reading 0.09. Considering analysts have assigned the stock a price target range of $12.07-$12.07 as the low and high respectively, we find the trailing 12-month average consensus price target to be $12.07. Based on this estimate, we see that today’s price at last check is roughly -2843.9% off the estimated low and -2843.9% off the forecast high. Investors will no doubt be excited to see the share price fall to $12.07, which is the median consensus price, and at that level ONE would be -2843.9% from recent price.
An analysis of the OneSmart International Education Group Limited (NYSE:ONE) stock in terms of its daily trading volume indicates that the 3-month average is 6.44 million.
Current records show that the company has 161.54M in outstanding shares. The insiders’ percentage holdings are 7.01% of outstanding shares while the percentage share held by institutions stands at 47.30%. But the -88.82% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.